Tideland Signal Corporation, portfolio company of Houston-based private equity firm Rock Hill Capital Group, acquired IMT B.V. Group of Companies, The Netherlands-based developer of innovative lighting, navigation and signalization products and systems.
The amount of the deal was not disclosed.
By acquiring IMT, Tideland expands its product portfolio with:
– helideck and circle-H signalization and lighting control systems,
– aids to marine navigation,
– offshore platform signalization,
– obstruction warning lighting, and
– offshore wind farm lighting and signalization.
In operation for over 30 years, IMT operates globally with headquarters in The Netherlands and subsidiaries in Singapore, the UK and Germany and clients ranging from offshore wind farms and oil and gas companies to marine, construction and governmental organizations.
Founded in 1954 and led by Matt Scheuing, CEO, Tideland Signal delivers Aids to Navigation solutions, products, services and customer care, with innovation, safety and compliance via operations and offices in the USA, UK, Singapore, Dubai and Canada.
The company’s customer base includes Coast Guards, Navies, ports and harbours, offshore oil and gas companies, and marine authorities.